After months of speculation and hoping by many of AT&T's frustrated users, Verizon has officially announced the arrival of the CDMA-compatible iPhone.

The new iPhone, for the most part looks the same as the iPhone for AT&T but there are some subtle changes done to it. For example, the location of the antenna has been changed (this looks to fix the deathgrip issue).

Pre-orders for the phone for Verizon customers will begin February 3 and availability will start on February 10 for other customers. Costing $199 for the 16GB model and $299 for the 32 GB model with a two year contract.

The iPhone 4 for Verizon can be used like a Mi-Fi device. This means that the iPhone can share its 3G connection with up to 5 other Wi-Fi enabled devices. This trumps AT&T's tethering.